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torisob [31]
3 years ago
7

Lash World Pool Supplies wants its salespeople to call on pool wholesalers five times per year and to spend two hours on each sa

les call. Every salesperson works a 40-hour week and takes off two weeks for vacation each year. A salesperson must spend half of the time on travel and administration. Approximately how many salespeople does Splash World need to service 1000 accounts?
a)10
b) 20
c) 8
d) 2
e) 24
Business
1 answer:
ivann1987 [24]3 years ago
6 0

Answer:

a) 10

Explanation:

Calculation to determine Approximately how many salespeople does Splash World need to service 1000 accounts

First step is to determine the selling time

Using this formula

Selling time=Number of customers *Sales calls per year*Hours per sales call

Let plug in the formula

Selling time=1000 * 5 *2 hours

Selling time= 10,000 hours

Second step is to determine the number of hours they used to sell

Hours to sell= (40 hours per wweek* 50 weeks)*1/2

Hours to sell = 2000 hours per year*1/2

Hours to sell= 1000 hours per year.

Now let determine how many salespeople does Splash World need to service 1000 accounts

Number of salespeople=10,000 hours /1000 hours per year

Number of salespeople=10

Therefore Approximately how many salespeople does Splash World need to service 1000 accounts will be 10 salespeople

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The cellular phone division of Stegall Company had budgeted sales of $950,000 and actual sales of $900,000. Budgeted expenses we
WINSTONCH [101]

Answer:

Since the actual expenses is lower than the budgeted expenses, and the variance is positive, a report prepared for the manager of this profit center would show a favorable variance.

Explanation:

Revenue variance is the difference between the actual sales volume and the budgeted sales volume.

Revenue variance = Actual sales - Budgeted sales

Budgeted sales = $950000

Actual sales = $900000

Revenue variance = $900000 - $950000

                               = - $50000

Since the actual sales is lower than the budgeted sales, and the variance is negative, so the variance is unfavorable.  

Cost variance is the difference between the budgeted expenses and the actual expenses.

Cost variance = Budgeted expenses - Actual expenses

Budgeted expenses = $600000

Actual expenses = $550000

Cost variance = $600000 - $550000

                       = $50000

Since the actual expenses is lower than the budgeted expenses, and the variance is positive, so the variance is favorable.

Therefore, Since the actual expenses is lower than the budgeted expenses, and the variance is positive, a report prepared for the manager of this profit center would show a favorable variance.

8 0
3 years ago
Cody Barnett describes starting and managing your own business as
artcher [175]

Answer:

Time consuming.

Explanation:

More and more people dream of having their own business not only to dedicate themselves to doing something they like, but also to have more freedom with their time and money.

However, despite the increase in the number of people with this entrepreneurial spirit, not all of them have a deep knowledge of what it means to undertake and are not well aware of the advantages, disadvantages, how to start a business and what kind of profitable businesses can be developed. In addition, many people do not know that setting up their own business is difficult, laborious and time consuming and requires a lot of patience, perseverance and dedication.

4 0
3 years ago
Alto Company issued 7% preferred stock with a $100 par value. This means that:
RideAnS [48]

Answer:

Option "C" is the correct answer to the following question.

Explanation:

Given:

Issue price of share = $100

Market price per share = $100

Preferred stock dividend rate = 7%

Computation of dividend per year :

Dividend per year = Issue price of share × Preferred stock dividend rate

Dividend per year = $100 × 7%

Dividend per year = $7

Dividends are always paid to preferred stock at fixed rates at face value.

7 0
3 years ago
Read 2 more answers
4. You want to take out a fully-amortizing 30-year mortgage. You can afford monthly payments of $600 each. The interest rate is
iragen [17]

Answer: $74569

Explanation:

Based on the information given in the question, the amount that can be borrowed is explained below:

Present value of annuity will e calculated as:

= 600 × [1-(1+0.09/12)^-(12 ×30)] / (0.09/12)

= 600 × [1-(1+0.0075)^-(360)] / 0.0075

= 600 × 1-(1.0075)^-(360)] / 0.0075

= 600 × [1-0.0678860074] / 0.0075

= 600 × 124.282

= 74569

The amount that can be borrowed is $74569

3 0
2 years ago
During the period, labor costs incurred on account amounted to $175,000, including $150,000 for production orders and $25,000 fo
Vadim26 [7]

Answer:

Correct option is D

Explanation:

Factory Overhead         $25,000  

Wages Payable  $25,000

3 0
3 years ago
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